DEAR TO ALL FRIENDS ,
FOR LAST 24 HOURS EVER SINCE RESULT OF CA FINAL HAS COME OUT , I AM READING DIFFERENT BLOGS , COMMENTS , DISCUSSION MADE BY DIFFERENT CA STUDENTS AND CAs .
" TO ERR IS HUMANE ". WE ARE HUMAN BEINGS NOT GODS . WE SHOULD BE GIVEN A CHANCE TO RECTIFY OURSELVES . I HAVE READ THAT SOME STUDENTS HAVE POINTED OUT THAT BY READING SUGGESTED ANSWERS AND REPRODUCING THE SAME THEY ARE FAILING . THEN WHAT IS BASIS OF EVALUATION ?
I THINK IF THE INSTITTUTE REALLY WANTS TO PASS THE STUDENTS IT SHOULD CONDUCT THE SESSIONS IN THEIR OFFICES , CONDUCTED BY THE EXAMINERS AND FACE TO FACE DISCUSSIONS WITH STUDENTS TO FIND OUT WHAT IS THE REAL PROBLEM . WE SHOULD HAVE DISCUSSION WITH PAPER SETTERS AND PAPER EXAMINERS TO FIND OUT WHAT IS WRONG IN US .
I WILL LIKE TO MAKE IT POINT TO ALL THE CHARTERED ACCOUNTANTS FRATERNITY THAT SOME OF THE MEMBERS OF OUR INSTITUTE CANNOT CORRECTLY WRITE THE VOUCHERS EVEN IF THEY ARE QUALIFIED . I HAVE SEEN IN OWN EYES . HOW MANY CAs OF 1960-70 KNOW SAP FULLY or ORACLE ? BUT STILL THEY ARE GETTING MORE SALARY BCOZ THEY GET DEGREE THEY HOLD ?
ARE QUALITY OF PASSED CANDIDATES UP TO MARK ?
THE INSTITUTE SHOULD HAVE ARRANGE FACE TO FACE DISCUSSIONS BETWEEN RANK HOLDERS OF CA AND CA FAILING STUDENTS .
ONE THING I SHOULD TELL THAT MBA FINANCE ARE TAKING UP THE POSITIONS OF CA s BCOZ OF LESS PERCENTAGE .
ONE PROBLEM IN THE EMPLOYMENT SECTOR IS THAT NOW THE EMPLOYER IS DOING THE SAME JOB WITH CA (INTER) OR even B.COM /M.COM. BY PAYING LESS WHICH SHOULD BE DONE BY C.A. . THIS IS ONE PROBLEM FOR WHICH DEMAND OF CA IS GOING DOWN .THIS IS COST CUTTING MEASURE .
ANOTHER THING , I LIKE TO TELL THAT THAT THERE IS A PROVISION OF ROTATIONAL AUDITS IN BANKS AND PUBLIC SECTORS , BUT IN COMPANY
THIS IS NOT FOLLOWED .SO MOST OF BIG 4 FIRMS CONTINUES TO GET AUDIT OF ALL THE TOP COMPANIES YEAR AFTER YEAR WHICH LEADS TOM COLLUSIVE FRAUDS LIKE IN SATYAM CASE . SMALL DO NOT GET EXPOSURE TO BIG COMPANIES . SO FINANCIALLY THESE SMALL FIRMS REMAIN WEAK .
FOR OPENING UP CA FIRM IT REQUIRES REPUTATION MORE THAN MONEY .
IF SMALL FIRMS OR NEWLY QUALIFIED CHARTERED ACCOUNTANTS DO NOT GET CHANCE TO DO THE AUDITS OF BIG COMPANIES HOW THEY START THE CAREER WITH COLORS ?
THIS MAY BE THE REASON THAT CA DONOT WANT TO GO TO PRACTICE .
BY SEEING THE RESULT MY FINAL COMMENT IS THAT THIS TIME INSTITUTE HAS CURTAILED THE RESULTS BCOZ OF LESS MARKET DEMAND OF CA AND MAKE FUTURE CA EQUIPPED WITH SOME THING ,
WHICH IS NOT KNOWN TO PREVIOUS CAs .
I AM OPEN TO ANY COMMENTS !!!!!!!!!
TO ALL THE STUDENTS WHO CANNOT MAKE IT THIS TIME !!!!!!!!!!!!!!!
"GOD IS THERE !!!!!! HE IS LOOKING EVERYTHING !!!!!!!!!!!.
YOUR CRIES WILL NEVER GO UNHEARD !!!!!!!!!!!!!
OTHERWISE HOW CAN SATYAM CASE IS REVEALED?????????"
WITH REGARDS
YOUR HUMBLE FRIEND .
SAYANTAN BASU
CAclubindia
